Stability AI Raises $76M From Music Giants

Stability AI has secured $76 million in Series B funding, bringing its total raised to $232 million. Notable investors include Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts, AMD Ventures, and Pacific Alliance Ventures. The company plans to expand its creative production tools and professional services. Stability has been building entertainment industry partnerships, largely prevailed in a UK copyright lawsuit from Getty Images, and faces ongoing legal challenges including a similar Getty suit in the US.